The older the investment land, the more expensive it is

Apartment prices would grow slower if building permits were issued faster. Thus, buyers have to cover the cost of interest on loans for the purchase of plots, which then lie fallow for years.

Demand for apartments, especially in large cities, is huge. We often hear in the media about rising apartment prices and high developer margins. Less is mentioned about the high costs of financing, difficulties in submitting an investment project, prolonged formal and legal procedures, and the availability of land.

If You are subscriber, we recommend You to read the article (polish) in Puls Biznes with Aleksandra Wołodźko comments: https://www.pb.pl/grunty-inwestycyjne-im-starsze-tym-drozsze-1202598